Haiyoo minyak so cheappppp..tomorrow pls tuang extra minyak and kasi bakar kaw-kaw until friday yeah..then i can retire and enjoy year end holiday yeaaahooo
are you acting don't know or you asking seriously? lol. MRCB support at 1.24-1.26. If you sell now, you're kinda stupid. 1.33 I suppose you bought after result and private placement announcement. So recently there is nothing wrong happening, and with good news many big international funds are interested to MRCB, why do you have to sell now?
biggest news is they going to approve additional 20% private issue on 21st general meeting . at discount price max 10% . profit in future will be dilute 20% . is this big effect enough ? dont be too optimistic when you buy share .
If you're experience investor, you should already know the effect has been taken into the discounted share price. Does not matter the fact has already happen or not, price will react to the news immediately. People who invest accordingly to what the books tell, lost money most of the time. Please read back my comments on all my successful recommendation.
news regarding private placement already take into account when the price is RM1.5. current price have reflect private placement which is close enough to private placement expected price.
LuckyG - why worry about private placement and profit dilution...PP will help strengthening balance sheet and lower gearing. MRCB has lot of assets but no cash. Now is the time to get big investors comin and use their cash to grow the business. Collect now before its too late!!
LuckyG private placement is better than right issue not everyone have extra cash to subscribe the right issue 20% is the maximum, around 16% is the minimum if you really like to dig into math, you know you shouldn't directly minus 20% as dilution the correct way to calculate is 1/1.2=0.833, about 16%, not 20%
The dilution effect has already reflected to the share price. So if you buy at around 1.24-1.34. There is nothing wrong keeping for me. It is kinda stupid to sell now. Basic investment knowledge also don't know.
Valuecap busy supporting other cronies. This counter very low in their rescue list. Will enter tomorrow once touch rm1.15. No hope for 1.2x range already
Having the strongest shareholder (EPF) backing this company, chances shall be high for the share price to move back up to the TP of RM1.60 as recommended by some research houses.
Furthermore, it has achieved > RM330 mil net profit ( EPS:17sen ) for the first 9 months of FY2015.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kinfatt999
2,913 posts
Posted by kinfatt999 > 2015-12-09 13:49 | Report Abuse
mrcb is under gov,